Achieving net zero carbon emissions by 2050 towards building a sustainable future for the world
MEASURABLE, CONCRETE STEPS FORWARD
We aspire to be Asia’s model corporation in sustainable development, in alignment with the United Nations Sustainable Development Goals. We have set five goals and 19 key targets which allow us to take concrete steps and measure progress periodically, ensuring Sunway stays on track to meet these objectives by 2030.
A Trailblazer in Sustainability
The concept of sustainability stems from the vision of our founder and chairman, Tan Sri Sir Dr. Jeffrey Cheah, who made sustainability a part of Sunway’s DNA.
We define sustainability as more than just “going green.” Sunway adopts a holistic and comprehensive approach to ensure long-term growth by leveraging innovation and technology to generate lasting value. We do so while upholding good governance, environmental stewardship, talent management and community investment.
It all begins in sustainable development
Sunway’s core values of integrity, humility and excellence as well as our commitment to the sustainability agenda continue to fuel the Group’s growth and expansion.
The very birth of Sunway Group was founded on the concept of sustainable development, beginning with the transformation of our flagship Sunway City Kuala Lumpur from a tin-mining wasteland into an integrated, smart and sustainable township.
We rehabilitated a land scarred by disused and abandoned mining pools, restored the ecosystem both physically and socially, and deployed technology and innovation to build an integrated, smart and sustainable township that houses educational institutions, commercial entities, medical centre, shopping mall, hotels, themed park and residences.
This vibrant community now serves more than 200,000 people – living, working, playing and studying in a safe, connected and healthy environment, epitomising Sunway’s vision to be Asia’s model corporation, innovating to enrich lives for a better tomorrow.
Upholding Standards & Professionalism
Various policies are in place to ensure that our workforce upholds the highest standards of conduct and professionalism, in line with Sunway’s core values of Integrity, Humility and Excellence. Our Board and sustainability governance structure oversees the strategy and helps foster progress in advancing the Group’s sustainability leadership.
Sunway’s Anti-Bribery & Corruption (ABC) Policy was approved by the Board in 2019. It covers the Group’s anti-bribery and corruption strategies as well as action plans in preventing, detecting, and managing bribery and corruption issues. Sunway does not make or offer monetary or in-kind political contributions to political parties, political party officials or candidates for political office. In 2020, we rolled out training on the ABC policy to all Sunway staff.
Read moreGRI 205
Sunway is strongly against all kinds of money laundering including dealing in the proceeds of criminal activities and terrorism financing. This policy guides all Sunway employees on strengthening anti-money laundering governance and reiterates Sunway’s commitment to complying with the Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.
Read moreGRI 205
This policy sets out Sunway’s commitment to being a catalyst for other developments in the region, aiming to reduce the overall impact of the built environment on surrounding biodiversity by focusing on preservation, conservation, restoration, and rehabilitation.
Read moreGRI 304
This policy outlines Sunway’s commitment to fostering diversity and inclusion in the workplace, as these values are closely tied to our core values of integrity, humility and excellence.
Read moreGRI 405, 406
This policy sets out Sunway’s commitment to developing all new buildings completed in 2025 onwards to be green-certified buildings to reduce the overall impact of the built environment on their surroundings.
Read moreGRI 301, 302, 303, 304, 305, 306
This policy outlines our commitment to developing all new townships from 2025 onwards to be green-certified townships, to reduce the overall impact of the built environment on their surroundings.
Read moreGRI 301, 302, 303, 304, 305, 306
This policy sets out Sunway’s commitment to achieving excellence in providing a safe and healthy working environment for its employees and external stakeholders.
Read moreGRI 403
This policy guides the implementation of sustainability across the Group and sets out Sunway’s scope, commitment, and principles regarding sustainable development.
Read moreGRI 200, 300, 400
This policy sets out the scope, commitment and implementation of human rights practices at Sunway. The oversight of the policy is led by the Board of Directors, Board Sustainability Committee, Group Internal Audit and Group Human Resources.
Read moreGRI 406, 407, 408, 409, 412
This policy outlines our commitment to assisting event organisers in planning and delivering successful events that minimise negative environmental impacts through responsible resource management and pollution control. It also aims to foster organisation-wide awareness of environmental responsibility and accountability.
Read moreGRI 301, 305, 306
Established in 2020, the Sustainable Procurement Policy ensures a best practice approach to sustainable procurement. The policy outlines the guiding principles of our supplier selection process, focusing on the environmental and social aspects of the supply chain.
Read moreGRI 204, 308, 414
This policy sets out Sunway’s commitment to sustainable water management practices to ensure water security for all stakeholders, from our employees to the communities we serve.
Read moreGRI 303, 306
This policy serves as an avenue for Sunway’s employees and stakeholders to report any suspected inappropriate behaviour or misconduct relating to fraud, corrupt practices and/or abuses involving the Group’s resources. Complaints and feedback can be made via the Whistleblowing hotline at +603-5639 8025 or email at whistleblowing@sunway.com.my. All faxes and emails received will be directed to the Head of Group Internal Audit Department (GIAD). In 2020, GIAD received three reports not related to corruption and bribery through the whistleblowing channel.
Read moreGRI 205, 206
This policy was introduced to align with our commitment to halving emissions by 2030 and achieving net zero by 2050. It serves as a guide for transforming all Sunway portfolios into low-carbon sustainable assets.
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This policy reflects Sunway’s commitment to minimising pollution by reducing emissions, managing waste responsibly, and complying with local and international regulations in adopting sustainable practices.
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This policy is aligned with the United Nations Sustainable Development Goal 12, which ensures sustainable production patterns. It outlines our commitment to responsible sourcing, resource management, and ensuring sustainable practices across our operations.
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This policy addresses Sunway’s target of diverting 40% of waste from landfills by 2030 and implementing circular economy practices.
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These guidelines provide clear principles for employee volunteer activities and state our commitment of encouraging employees to engage in meaningful volunteer activities that align with corporate values and foster community impact and personal development.
Read moreAwards & Accolades
Our commitment and conscientious efforts in fostering sustainability have earned the brand a host of industry recognitions.
The Star ESG Positive Impact Awards 2023
Sunway is the top conglomerate winner at the inaugural The Star ESG Positive Impact Awards 2023, sweeping five awards, including two Gold Awards in the Responsible Consumption & Production and Transformation categories, as well as three Silver Awards in the Water Management & Efficiency; Diversity, Equity & Inclusion and Supply Chain Management categories.
NACRA Awards 2023
Sunway wins four awards at the National Annual Corporate Report Awards 2023, which promotes excellence and improvement in corporate reporting. Sunway Berhad wins Gold for Best Sustainability Reporting, and Companies with RM2 Billion to RM10 Billion in Market Capitalisation, while Sunway REIT wins Silver. Meanwhile, Sunway Construction Group wins Platinum for the Companies with Less than RM2 Billion in Market Capitalisation.
The Edge ESG Awards 2023
Sunway Berhad wins Silver in the Industrial Products and Services category, while Sunway REIT wins Silver in the REIT category at The Edge ESG Awards 2023, which recognises Malaysia’s ESG leaders among public-listed companies and asset management firms.
Sustainability Report
This report is prepared in accordance with the Global Reporting Initiative (GRI) Standards. We engaged an external assurance provider to verify the report’s accuracy and reliability of data, initiatives and policies, and to provide an independent assurance statement.
Feedback from our stakeholders is vital for us to continually improve our reporting and sustainability practices. We welcome your views, comments or feedback, which may be directed to sustainability@sunway.com.my.
